Comments on: What to watch as the bitcoin drama developshttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/
speaking truth to the new powerTue, 03 Mar 2015 18:36:00 +0000hourly1http://wordpress.com/By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55500
Sun, 19 May 2013 11:54:05 +0000http://pandodaily.com/?p=85643#comment-55500John_John_33 , your thoughts on PPCOIN? Thanks
]]>By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55499
Sun, 19 May 2013 11:54:04 +0000http://pandodaily.com/?p=85643#comment-55499John_John_33 , your thoughts on PPCOIN? Thanks
]]>By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55495
Sun, 19 May 2013 11:51:14 +0000http://pandodaily.com/?p=85643#comment-55495crucible John_John_33 , I am keen to see the future for Bitcoin, Litecoin and PPcoin
]]>By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55494
Sun, 19 May 2013 11:51:13 +0000http://pandodaily.com/?p=85643#comment-55494crucible John_John_33 , I am keen to see the future for Bitcoin, Litecoin and PPcoin
]]>By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55493
Sun, 19 May 2013 11:49:34 +0000http://pandodaily.com/?p=85643#comment-55493kcole1 crucible John_John_33 , I just purchased PPCOIN, this is all getting very interesting!
]]>By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55492
Sun, 19 May 2013 11:49:33 +0000http://pandodaily.com/?p=85643#comment-55492kcole1 crucible John_John_33 , I just purchased PPCOIN, this is all getting very interesting!
]]>By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55490
Sun, 19 May 2013 11:47:48 +0000http://pandodaily.com/?p=85643#comment-55490GoodNPlenty333 SG1974 kcole1 , great comments!
]]>By: DerekPaterhttp://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55491
Sun, 19 May 2013 11:47:48 +0000http://pandodaily.com/?p=85643#comment-55491GoodNPlenty333 SG1974 kcole1 , great comments!
]]>By: GoodNPlenty333http://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55395
Fri, 17 May 2013 17:10:45 +0000http://pandodaily.com/?p=85643#comment-55395SG1974 kcole1
You’re completely ignoring the fact that Bitcoin can do things that no other currency in the world is capable of doing. How can I sell my internet services to anybody in the world? Not everybody in the world has access to American dollars, nor do they have access to a Paypall or Visa account, and those who do have access to those things, end up paying 3-5% transaction fee’s. Furthermore, no retailer in his right mind is going to sell something to a Nigerian because the probability of fraud is astronomical. Bitcoin eliminates the possibility of buyer fraud that permeates the current system. If a Nigerian prince sends me bitcoin, then those bitcoin are mine, and the transaction cannot be reversed. With bitcion, I can sell my services to anybody in the world without having any trust at all in that individual, and I can do so significantly more cheaply due to the zero or near zero transaction costs provided by bitcoin. I can tip the author of this article 25 cents if I like it, this isn’t possible with Paypall. You can bash on bitcoin all you want, but the fact of the matter is that it allows people to do things they couldn’t do before, and that isn’t going to go away. Its a superior system, and when people like me get a taste of it, there is no going back to the old one.
]]>By: GoodNPlenty333http://pando.com/2013/05/14/what-to-watch-as-the-bitcoin-drama-develops/#comment-55394
Fri, 17 May 2013 17:10:44 +0000http://pandodaily.com/?p=85643#comment-55394SG1974 kcole1
You’re completely ignoring the fact that Bitcoin can do things that no other currency in the world is capable of doing. How can I sell my internet services to anybody in the world? Not everybody in the world has access to American dollars, nor do they have access to a Paypall or Visa account, and those who do have access to those things, end up paying 3-5% transaction fee’s. Furthermore, no retailer in his right mind is going to sell something to a Nigerian because the probability of fraud is astronomical. Bitcoin eliminates the possibility of buyer fraud that permeates the current system. If a Nigerian prince sends me bitcoin, then those bitcoin are mine, and the transaction cannot be reversed. With bitcion, I can sell my services to anybody in the world without having any trust at all in that individual, and I can do so significantly more cheaply due to the zero or near zero transaction costs provided by bitcoin. I can tip the author of this article 25 cents if I like it, this isn’t possible with Paypall. You can bash on bitcoin all you want, but the fact of the matter is that it allows people to do things they couldn’t do before, and that isn’t going to go away. Its a superior system, and when people like me get a taste of it, there is no going back to the old one.
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